Effekthandel Väst

Effekthandel Väst is a local market in the Gothenburg region, where Göteborg Energi Nät and Mölndal Energi Nät buy flexibility services as reservation and activation products. 

Göteborg Energi Nät and Mölndal Energi Nät purchase three types of flexibility products using NODES market platform:

  • Hourly activation products in the ShortFlex™ market;
  • Availability products of varying durations in the LongFlex™ market; and
  • Capped power products of varying durations in the MaxUsage™ market.

Follow the steps below to participate as an FSP in the Effekthandel Väst market.

  • Discuss baselines and meter data with Göteborg Energi Nät/Mölndal Energi Nät, to determine whether the FSP will use the NODES’ standard baseline or calculate its own and whether the FSP will rely on meter data from Göteborg Energi Nät’s/Mölndal Energi Nät’s meters or submit meter data from the FSP’s own sub-meters.
  • Register as an FSP on NODES™ Platform.
  • Accept NODES Rulebook , including the Market Specific Schedule for Effekthandel Väst, by signing NODES Membership Agreement.
  • Further details of the steps FSPs need to take to participate can be found here (in Swedish).
  • A summary of the market specific rules that apply in Effekthandel Väst can be found here (in Swedish).

Market Overview

A summary of key information on the market

Market Opens

1st of November 2024

FSP sign-up deadline

Continuous onboarding of FSPs

Available Products

LongFlex

Shortflex

Max Usage

Trading details

A summary of grid needs and minimum bid size

Grid need

Demand turn-down, Generation turn-up

Minimum quantity

0.05 MW (50 kW)*

*may be delivered by aggregated assets

Quantity granularity

0.01 MW (10 kW)

Gate closure time

2 hours before physical delivery